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bitcoin
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Developing on an idea from yesterday where i explain the economic cycle of an investor via bitcoin chart, i have elaborated on this by running the same process across the chart from 2014 to 2018. The chart speaks for itself. All points needed to know/note are clearly marked on the chart. The cycle is clear and the trend is clear. The point of which the next...
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There are four stages of the investor economic cycle. Pre-recession Recession Post-recession Pure Expansion We are currently - Post recession. Prices have stabilized after a long down turn from high sell offs which in turn increases the supply. Recently, bitcoin has been stabilizing around the 6500 mark signaling the post recession faze which is always...
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